| A | B |
| Cost Standards | Established specifications used to measure how much a project or product costs |
| Grades | Rating assigned to products that tell to what extent standards were met |
| ISO 9000 | A set of quality-management standards used by millions of organizations worldwide |
| Product | Marketing element referring to what goods, services, or ideas a business will offer its customers |
| Quality Standards | Established specifications used to measure the amount of work produces |
| Quota | Specific goals to be met |
| Standards | Specifications or statements that are used as a basis for comparing of judging goods |
| Time Standards | Established specifications that monitor the amount of time needed to complete specific business activities |
| Trade Association | A group of persons in the same industry or geographic area who form a society to solve their common problems |